MARKET COMPOSITE
TV - Grupo Televisa S.A.8:00:01 PM 4/19/2024
Price
$2.81
-0.04 (-1.40%)
Grupo Televisa, S.A.B. operates as a media company in the Spanish-speaking world. The company operates through four segments: Cable, Sky, Content, and Other Businesses. The Cable segment operates cable multiple system and telecommunication facilities. It provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone services, as well as local and national advertising sales; and data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network. The Sky segment offers direct-to-home broadcast satellite pay television services comprising program, installation, and equipment rental services to subscribers in Mexico, Central America, and the Dominican Republic; and national advertising sales. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States. It also offers programming services for cable and pay-per-view television companies in Mexico, other countries in Latin America, the United States, and Europe; and licenses and syndicates television programming. The Other Businesses segment is involved in sports and show business promotion, soccer, feature film production and distribution, gaming, publishing, and publishing distribution businesses. Grupo Televisa, S.A.B. was founded in 1969 and is based in Mexico City, Mexico.
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    (Bloomberg) -- Grupo Televisa SAB will buy AT&T Inc.’s stake in paid TV business Sky Mexico. Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesKim Jong Un Faces Annihilation in Most Korea War ScenariosS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersAfter the deal, Televisa will own 100% of Sky, the

    MEXICO CITY (Reuters) -Mexican broadcaster Televisa said on Wednesday it reached an agreement with AT&T for its stake in satellite TV unit Sky Mexico, giving Televisa full control of the firm. In a filing, Televisa said the payout would happen over 2027 and 2028, but it did not provide the cost of the deal. It said the current head of its cable TV and internet service Izzi, Francisco Valim, would also lead Sky.

    Ratings agency Moody's downgraded Mexican broadcaster Televisa's rating to Baa3 from Baa2, while maintaining its outlook stable, it said in a statement on Friday. The downgrade was mainly driven by forecasts predicting Televisa's leverage should remain high in 2024, and expected pressure on margins due to operational challenges such as a decline in its DTH (Direct-To-Home) business, Sky, and a competitive Mexican market. Nonetheless, Moody's maintained a stable outlook on the firm based on the...

    Grupo Televisa, S.A.B. (NYSE:TV) Q4 2023 Earnings Call Transcript February 23, 2024 Grupo Televisa, S.A.B. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, everyone, and welcome to Grupo Televisa Fourth Quarter and Full-Year 2023 Conference Call. Before we […]

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    The capital expenditure budget for Mexico's largest broadcaster Grupo Televisa will reach $790 million this year, with a focus on reconstruction of its fiber optic cable network in hurricane-hit Acapulco, a senior executive said on Friday. The broadcaster, the world's largest provider of Spanish-language content, sees $630 million in 2024 spending for the company's cable unit, Televisa Co-Chief Executive Alfonso de Angoitia said in a fourth-quarter earnings call. De Angoitia said Televisa expe...

    Mexico's largest broadcaster, Televisa, on Thursday reported its second consecutive quarter in the red, clocking a net loss of 8.66 billion pesos ($510.5 million), with revenues dragged down by its SKY unit. The fourth-quarter result is an improvement from the net loss of 12.19 billion pesos in the same quarter a year earlier. Televisa's satellite TV unit SKY saw about 160,400 disconnections with a 15.3% fall in revenue.

    MEXICO CITY (Reuters) -Mexico's largest broadcaster, Televisa, on Thursday reported its second consecutive quarter in the red, clocking a net loss of 8.66 billion pesos ($510.5 million), with revenues dragged down by its SKY unit. The fourth-quarter result is an improvement from the net loss of 12.19 billion pesos in the same quarter a year earlier. Televisa's satellite TV unit SKY saw about 160,400 disconnections with a 15.3% fall in revenue.

    Mexico's largest broadcaster Televisa on Thursday posted a net loss in the fourth quarter of 8.662 billion, compared to a net loss of 12.189 billion pesos in the same quarter a year earlier. The company's revenues were 18.412 billion pesos, according to a filing with the Mexican stock exchange.

    (Bloomberg) -- Shares of Mexican soccer and gambling business Ollamani SAB surged Tuesday following its spinoff from pay TV operator Grupo Televisa SAB, driving the market value of the newly listed company to around 4.3 billion Mexican pesos ($252 million).Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearBill Ackman Rockets U